Dollar General’s (DG) Market Perform Rating Reaffirmed at Telsey Advisory Group

Dollar General (NYSE:DG)‘s stock had its “market perform” rating reiterated by equities researchers at Telsey Advisory Group in a report issued on Wednesday,Benzinga reports. They presently have a $123.00 price target on the stock. Telsey Advisory Group’s target price indicates a potential upside of 14.02% from the stock’s previous close.

DG has been the subject of a number of other research reports. UBS Group upped their price target on shares of Dollar General from $128.00 to $135.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Sanford C. Bernstein upped their target price on Dollar General from $122.00 to $134.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Dollar General in a report on Monday. Loop Capital lowered their price target on Dollar General from $120.00 to $100.00 and set a “hold” rating for the company in a report on Tuesday, November 11th. Finally, Raymond James Financial upped their price objective on Dollar General from $125.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $118.14.

Dollar General Price Performance

Shares of DG stock traded up $3.56 during trading on Wednesday, hitting $107.87. The company had a trading volume of 215,393 shares, compared to its average volume of 3,532,887. The firm has a market capitalization of $23.74 billion, a P/E ratio of 19.94, a price-to-earnings-growth ratio of 2.10 and a beta of 0.30. Dollar General has a one year low of $66.43 and a one year high of $117.95. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.27 and a current ratio of 1.25. The stock’s 50-day moving average price is $102.01 and its 200 day moving average price is $106.37.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, August 28th. The company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.30. The firm had revenue of $10.73 billion during the quarter, compared to analysts’ expectations of $10.68 billion. Dollar General had a return on equity of 17.97% and a net margin of 2.86%.The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.70 EPS. Dollar General has set its FY 2025 guidance at 5.800-6.300 EPS. Equities analysts expect that Dollar General will post 5.75 EPS for the current fiscal year.

Institutional Trading of Dollar General

Large investors have recently modified their holdings of the stock. Elevation Point Wealth Partners LLC purchased a new stake in Dollar General in the 2nd quarter valued at $25,000. Caldwell Trust Co purchased a new stake in shares of Dollar General in the second quarter worth about $25,000. Atlantic Union Bankshares Corp purchased a new position in shares of Dollar General during the 2nd quarter valued at $26,000. Root Financial Partners LLC bought a new stake in shares of Dollar General during the 3rd quarter valued at about $26,000. Finally, Peoples Financial Services CORP. bought a new position in Dollar General in the third quarter valued at $35,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.